I live in NJ, and it has a very high cost of living and with the current rate of interest, makes it a very pricey market so to say, and not that investment real estate friendly.

I keep wondering about insurance, vacancy rates, if tenant selection is a bigger/ different factor, terms of the tenancy and differences in opex and capex? 

That's true of every market now, I suppose, with interest rates and supply problems, until either prices go down or rents go up.

@Evelyn Velez we need more info.Where do you have your property advertised?

Right now the mortgage rates I'm being quoted for a 20% down DSCR is 7.75%. 

With high interest rates, we'd be looking at around $3800 PITI.

Cooper) said that the mortgage is assumable (there is path that would allow me to remove spouse from mortgage and retain the current rate), but the process can take a while, is subject to fees, and they need to reevaluate my ability to qualify for the mortgage without my spouse.

That said we maintain a 4.8-star rating which we're very proud of.

Some renovations loans out there but the rates and prepays can be painful.  

Our initial idea was to build-to-rent two 1,300 sqft homes on the additional tracts of land, but after speaking with lenders, the current interest rates made this unfeasible.